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Search resuls for: "Heilig"


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Widely used materials, such as polyester and ethylene vinyl acetate (EVA), can take a long time to break down. From there, they partnered with a machine manufacturing company, Heilig Group, which helped bring their shoe recycling factory FastFeetGrinded to life. Those materials are then shredded into small pieces, before being separated out by type, and then refined into recycled materials ready for reuse. Making shoes from shoesA shoe made of fully recycled FastFeetGrinded material has yet to hit the market, but brands are making strides to reuse materials. FastFeetGrinded is the brand’s largest footwear recycling partner in Europe; it takes Asics factory floor rejects, as well as used shoes returned in stores.
Persons: , Danny Pormes, Erna, who’s, Yuly Fuentes, Fuentes, Medel, ‘ it’s, Deborah Rowland, Pormes, FastFeetGrinded, ” Fuentes, Mendel, FastFeedGrinded, Asics, Romy Miltenberg, Miltenberg, ” Miltenberg, it’s, Erna Pormes, ” Pormes Organizations: CNN, MIT, Heilig, repurposing, Adidas, EMEA, “ Companies, CNN Consumers Locations: Netherlands, Europe, Asics
It recently raised 6.5 million euros in a second seed round. Insider has an exclusive copy of the pitch deck it used to raise the funds. The founders launched the software in August 2021, quickly raising 3.5 million euros, or around $3.42 million, in a seed round. The company has just increased their total funding to 10 million euros, which is around $9.77 million, through a second seed round of 6.5 million euros, or around $6.35 million. Insider has an exclusive copy of the pitch deck that Paretos used to raise the funds.
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